Web Content Viewer
Actions

General Information for Surplus Lines Agents and Brokers


Ohio does not have an export list.  Except when exempt, insurance cannot be solicited, procured, placed, or renewed with an unauthorized insurer unless a diligent search of the admitted market has been made. A search is considered diligent if the agent or surplus lines broker has contacted at least five of the authorized insurers the agent or surplus lines broker represents that write the kind of insurance required by the insured. If the agent or surplus lines broker does not represent five or more authorized insurers then they must contact as many authorized insurers as they represent that customarily write the kind of insurance required by the insured.

For risks subject to ORC 3905.33 (C), the form titled Surplus Lines Statement must be completed. Brokers must keep the original or a copy of the completed form in their files for 5 years. A copy of the completed form is to be given to the insured and originating agent. Copies of the completed forms are NOT to be sent to the Insurance Department. We recommend language similar to the following to be prominently placed on the declaration page. THE INSURANCE HEREBY EVIDENCED IS WRITTEN BY AN APPROVED NON-LICENSED INSURER IN THE STATE OF OHIO AND IS NOT COVERED IN CASE OF INSOLVENCY BY THE OHIO INSURANCE GUARANTY ASSOCIATION.

The business of surplus lines brokers is to be reported as required by ORC 3905.36 using the Surplus Lines & Risk Retention Groups Reporting Application. This is a detailed report of all business written in Ohio. This application allows you to enter transactions at any time throughout the year. On midnight March 31st  the application is locked and you may no longer enter or change any transactions for the preceding year.

  • By March 31 of each year taxes are due. The tax rate is 5%. All tax payments should be accompanied by the Surplus Lines Premium Tax Summary Form (INS 4001).  A link to the INS 4001 is provided in the For More Information section to the right.  The check and form are to be mailed to the Office of the Treasurer.
  • Zero premium reports are not required.
  • A list of eligible surplus lines insurers and risk retention groups in Ohio is provided in the For More Information section to the right. 

If you have any questions, send an email to surplus.lines@insurance.ohio.gov or contact us at 614-644-2635.